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Offsetting of Financial Liabilities and Derivative Liabilities
2016
Gross Amounts Not Offset
in Balance Sheet
(In millions)
Gross
Amount of
Recognized
Liabilities
Gross
Amount
Offset in
Balance
Sheet
Net Amount
of Liabilities
Presented in
Balance
Sheet
Financial
Instruments
Securities
Collateral
Cash
Collateral
Pledged
Net
Amount
Derivative
liabilities:
Derivative
liabilities subject
to a master netting
agreement or
offsetting
arrangement
$ (1,852)
$ 0
$ (1,852)
$ 698 $ 1,130
$ 21
$ (3)
Derivative
liabilities not
subject to a
master netting
agreement or
offsetting
arrangement
(146)
(146)
(146)
Total derivative
liabilities
(1,998)
0
(1,998)
698
1,130
21
(149)
Securities lending
and similar
arrangements
(526)
0
(526)
513
0
0
(13)
Total
$ (2,524)
$ 0
$ (2,524)
$ 1,211 $ 1,130
$ 21
$ (162)
2015
Gross Amounts Not Offset
in Balance Sheet
(In millions)
Gross
Amount of
Recognized
Liabilities
Gross
Amount
Offset in
Balance
Sheet
Net Amount
of Liabilities
Presented in
Balance
Sheet
Financial
Instruments
Securities
Collateral
Cash
Collateral
Pledged
Net
Amount
Derivative
liabilities:
Derivative
liabilities subject
to a master netting
agreement or
offsetting
arrangement
$ (78)
$ 0
$ (78)
$ 51 $
18
$ 3
$ (6)
Derivative
liabilities not
subject to a
master netting
agreement or
offsetting
arrangement
(293)
(293)
$ (293)
Total derivative
liabilities
(371)
0
(371)
51
18
3
(299)
Securities lending
and similar
arrangements
(941)
0
(941)
921
0
0
(20)
Total
$ (1,312)
$ 0
$ (1,312)
$ 972 $
18
$ 3
$ (319)
For additional information on our financial instruments, see the accompanying Notes 1, 3 and 5.
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